# Bears pounce on Asian currencies on Trump tariff concerns

> Asian currencies came under pressure on November 14 as traders priced in Trump tariff risks. The South Korean won was singled out, with ING forecasting it would remain weak through next year.

- Date: 2024-11-14 · published 2024-11-14T12:00:00.000Z
- Category: market · region Asia · magnitude low
- Page: https://feedsoft.ai/events/27670-bears-pounce-on-asian-currencies-on-trump-tariff-concerns
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md), [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md), [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A persistently weak won and tariff-driven risk aversion raise import costs for Korean feed buyers and can weigh on regional demand for US agricultural products.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/bears-pounce-asian-currencies-trump-tariff-concerns-2024-11-14/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.